#Business News
August 11, 2017 / 7:04 AM / 12 hours ago
After a long drought, bear market funds attract buyers
Trevor Hunnicutt
NEW YORK (Reuters) - Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive.
U.S. mutual funds that attempt to profit in falling markets attracted $413 million in new investments during the second quarter, the funds' largest inflows since the height of 2013's "Taper Tantrum" selloff, according to Thomson Reuters' Lipper research unit.
https://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN1AR120
